Back to Search
Fully Occupied Duplex Investment

1313 S Floyd St Louisville, KY 40208

New
1313 S Floyd St, Louisville, KY, 40208
$270,000
For Sale
Claim this Listing
$270,000

MULTI_FAMILY - Other - Louisville, KY

Property Size3,104 SF
Price / SF$86.98
AddedJul 14
Days on Market2
Last RefreshJul 15 at 3:06 am

Property Features for 1313 S Floyd St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Rooms
Basement, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 3
Standard status
Active
APN
032g01090000
Size
3,104 SF

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1900
Number of units
2
Building materials
Wood Frame, Brick Veneer, Brick
Roof type
Asphalt, Shingle
Architectural style
Other

Listing agent Clayton Gentile

Listing office Kentucky Select Properties 1757 Frankfort Avenue, Louisville, KY

Listing date Jul 14, 2026

MLS# 1723285 Listing URL

Copyright © 2026 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This fully occupied duplex includes units with separate metered services and independently heated and cooled interiors. Off-street parking is available to tenants on a first-come, first-served basis.

The property is located in Old Louisville, conveniently positioned between the Downtown Business & Medical districts and the University of Louisville’s main campus.

The listing describes the duplex as offering established cash flow with professional management in place.

Key Highlights

  • Fully occupied duplex with established cash flow and professional management
  • All units are separately metered, heated, and cooled
  • Off‑street parking for tenants on a first‑come, first‑serve basis

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $40.6k $13.08
− Vacancy −$2.2k −$0.71
EGI $38.4k $12.37
− OpEx −$17.3k −$5.57
NOI $21.1k $6.81
3,104 SF · lease $13.08/SF/yr · vacancy 5.40% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$373.1K
$326.5K – $435.3K (±1% cap)
NOI $26,118 @ 7.0% cap · market cap 9.67%
Second Best
Apartment 5plus
$301.8K
$264.1K – $352.1K (±1% cap)
NOI $21,124 @ 7.0% cap · market cap 7.82%
Theoretical Best
Office A
$804.6K
$704.0K – $938.7K (±1% cap)
NOI $56,319 @ 7.0% cap · market cap 20.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service (Bike/Boat/Book/etc) Store Florist Nail Salon Fish Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - A fully occupied duplex with separately metered heating and cooling and off-street, first-come parking for tenants.
Where is this duplex located?
The property is located at 1313 S Floyd St Louisville, KY.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Fully occupied duplex with established cash flow and professional management; All units are separately metered, heated, and cooled; Off‑street parking for tenants on a first‑come, first‑serve basis
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message